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$163,000

NAL Estimated Property Value

1202 SE 21st Street SE, Mineral Wells, TX, 76067

$211,900 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.83 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size7,492 sqft

Building Information

Year Built1964

Land Information

APN165130000
Lot Number4
SubdivisionMorningside
Land UseResidential
Legal DescriptionMORNINGSIDE BLK 12 LOT 4 G#M0600-00-00120-004-00-0
Census Tract000800
Assessed Land Value$27,000
Assessed Improvement Value$132,120
Assessment Year2025

About this property

Owner Will Carry, Must Sell, No Banks, 3 bed 2 bath, Brick House. This home has great potential but it does need a lot of work. Needs roof repair, tape, bed, texture, paint, some tile repair in the bathrooms and general cosmetic work throughout. We have it priced to sell fast at least 35k below market. This one won’t last long! Seller does not care about your credit. Seller is looking for someone with a reasonable down payment, ability to make their payment and ability to pay the closing costs. Seller will deed the home into your name at closing so you will own it from day one. There’s a sign in front of the house with my cell (Seller or listing agent) on it. Call me and I’ll get you inside to see it.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$127,736Estimated Mortgage Balance
$35,264Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$211,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,995
$159,120
2025
$27,000
$132,120
$159,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,995
$159,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Otis J Rucker
Unknown
$129,050
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,736
$35,264
21%
78%
$774/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mineral Wells

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1202 SE 21st Street SE | Property Details | No Agent List